Tax Memo: Not Just Another Accounting Exercise: Managing Change for the Tax Function

Adopting International Financial Reporting Standards (IFRS) presents companies with an unprecedented opportunity to make strategic changes to their tax function. However, the transition may pose a significant management challenge for many organizations and the tax department is not immune from the implications.

While adjusting to IFRS migration, corporations can consider strategic opportunities to optimize the tax department and its value. This article outlines several practical ideas within PwC’s Tax Function Effectiveness framework to drive change in the tax function and appropriate practices. Download the PDF below to learn more.

Tax Memo: Not Just Another Accounting Exercise: Managing Change for the Tax Function (101 KB) Download the full PDF Tax Memo.